External broker reports(aggregated public sources), Nordea

Nordea

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Norges Bank hiked the key rate with 50bp last week to 3.75% and signalled new hikes both in August and September</li><li>They now see a key rate top at 4.25%, a forecast we agree with.</li><li>At close to 7%, core inflation has been much higher than anticipated yet again.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Norges Bank hiked the key rate with 50bp last week to 3.75% and signalled new hikes both in August and SeptemberThey now see a key rate top at 4.25%, a forecast we agree with.At close to 7%, core inflation has been much higher than anticipated yet again.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

NO rate forecast update: Nibor at 5% before year-end